Free Standing Retail Bar — Sale in Boise, ID

  • Price: $400K
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Boise, ID 83703
  • Size: 2,003 SF
  • Year built: 1910

Investment Figures

Price per square foot
$200

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Well known & iconic establishment — Terry — s State Street Saloon — Property is located on the hard corner of Collister Drive & State Street — High visibility location with unobstructed frontage and traffic counts exceeding 35,000 cars per day — Easy access & on-site parking for patrons — Surrounding businesses include Caffeina Roasting Company, Collister Center, Stella — s Ice Cream, Washing Time Laundry, Sportsmans Barber Shop, Boise Valley Habitat for Humanity Restore, Treasure Valley Skate, AutoZone Auto Parts, and On the Fly — Immediate availability, contact agents to schedule a walk through today!

Market Context

This retail in Boise, ID is listed for sale at $400,000 across 2,003 SF ($200/SF). The building dates to 1910. It has been on the market for 238 days. Compare it against other retail listings for sale in Boise, ID — view the full market.

As of Q1 2026, the Boise retail market showed a 4.0% vacancy rate, average asking rents near $20.09/SF/yr, rents down 5.7% year over year, and cap rates around 5.8%. Source: multiple brokerage reports, Q1 2026.

Softening rents give buyers room to negotiate on terms.

Retail market FAQ

What is the typical cap rate for retail in Boise?
About 5.8% as of Q1 2026, per multiple brokerage reports.
Is the Boise retail market tightening or softening?
Vacancy is around 4.0%, with asking rents softening year over year (Q1 2026).

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